The Kenya Revenue Authority (KRA) exceeded its revenue collection target by Sh148.9 billion in the fiscal year ended June 2022, boosted by higher collections in corporate, payroll and value-added taxes in the period.
The tax agency said in a statement Thursday that it raised Sh2.031 trillion against an original target of Sh1.882 trillion, which was revised upwards twice during the year to Sh1.91 trillion and Sh1.98 trillion.
